Gross capital formation in Togo

Togo: Gross capital formation was 1.25 trillion constant LCU in 2023. ◆ Volatile

Latest (2023)
1.25 trillion constant LCU
Change on year
down 10.3%
World rank
51st
of 169 countries
All-time high
1.39 trillion constant LCU
in 2022
All-time low
120.47 billion constant LCU
in 1993
Years of data
59
1965–2023

Gross capital formation in Togo, 1965–2023

0500.0B1.0T1.5T196519942023

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for gross capital formation in Togo is 1.25 trillion constant LCU, measured in 2023.

Compared with earlier readings it is down 10.3% on the previous year and up 167.7% over ten years.

Over the whole period, gross capital formation in Togo peaked at 1.39 trillion constant LCU in 2022 and was at its lowest, 120.47 billion constant LCU, in 1993.

Togo ranks 51st of 169 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 201.23 billion constant LCU 157.24 billion constant LCU 255.52 billion constant LCU 5
1970s 407.29 billion constant LCU 219.95 billion constant LCU 718.43 billion constant LCU 10
1980s 393.33 billion constant LCU 285.90 billion constant LCU 458.59 billion constant LCU 10
1990s 310.84 billion constant LCU 120.47 billion constant LCU 549.50 billion constant LCU 10
2000s 332.73 billion constant LCU 221.37 billion constant LCU 439.03 billion constant LCU 10
2010s 504.76 billion constant LCU 281.46 billion constant LCU 779.90 billion constant LCU 10
2020s 1.12 trillion constant LCU 855.59 billion constant LCU 1.39 trillion constant LCU 4

Countries ranked near Togo

  1. 48 Congo 1.47 trillion constant LCU compare
  2. 49 Dominican Republic 1.39 trillion constant LCU compare
  3. 50 Sweden 1.36 trillion constant LCU compare
  4. 52 Egypt 1.15 trillion constant LCU compare
  5. 53 Norway 1.01 trillion constant LCU compare
  6. 54 Malawi 997.69 billion constant LCU compare

See the full ranking of 169 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is gross capital formation in Togo?
Gross capital formation in Togo was 1.25 trillion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Togo?
The highest recorded value was 1.39 trillion constant LCU in 2022.
What is the lowest gross capital formation recorded in Togo?
The lowest recorded value was 120.47 billion constant LCU in 1993.
How does Togo rank for gross capital formation?
Togo ranks 51st out of 169 countries with data for 2023.
Is gross capital formation rising or falling in Togo?
Over the last ten years it is up 167.7%. The long-run trend across the full record is volatile.
Where does this Togo data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.